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Why Has Booking.com Not Paid Hotels in Hungary?

• 27 Jul 2023 8:39 AM
• Hungary Around the Clock

Online accommodation website Booking.com has not transferred money owed to accommodation providers since June 24, citing maintenance of its invoicing system as the reason for the delay.

The company has missed self-imposed deadlines, most recently on July 24, but no money was received by hotels.

The problem affects those travellers who make the full payment through Booking.com or by bank transfer.

Payments by virtual cards are being made without interruption.

Many people in online forums are envisioning dire scenarios, such as the collapse of Booking.com, and are afraid that they will never get money owed to them.

Booking.com says it notified all its partners in mid-June that it had updated its financial electronic system during July 1-11.

The company said it expects everything to be normal from Thursday.

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Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.

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